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Financings in Brief: Spine-Tech

This article was originally published in The Gray Sheet

07 Aug 1995

News

Executive Summary

Spine-Tech: Nets approximately $4.4 mil. in additional funds as underwriters Robertson, Stephens and Piper Jaffray exercise their over-allotment option in the firm's initial public offering. The underwriters sold 525,000 additional shares for $9 each, the firm says. With the over-allotment, total net proceeds from Minneapolis-based Spine-Tech's IPO are about $26 mil. A registration statement for the IPO was filed in May ("The Gray Sheet" May 29, p. 14); the offering was completed June 27...